This year Indian Stock Market is one of the best performing market in the world, market has ran up more than 30% till October. From October onwards bulls are taking a breather digesting this big gain and consolidating in a range. From October onwards there were negative events…
NIFTY: Today, the NIFTY opened at 17476.05 with a gap up of 40 points. The index initially went up and recorded its intraday high at 17534.35 within the first few minutes of trading and then started moving down. All the gains and the gap was filled quickly and…
Grasim started as a textiles manufacturer in India in 1947. Today, it is a leading global player in VSF and the largest chemicals (Chlor-Alkali) player in India. It is also the largest cement producer and diversified financial services (NBFC, Asset Management and Life Insurance) player in India through…
View on market: Stay Cautious, be with quality business: Asian stocks and U.S. equity futures rose Monday on hopes that the global economic recovery can weather the omicron virus variant as well as tighter central bank policies to fight elevated inflation. Shares climbed in Japan, Australia and South…
Recommendation CMP Target Price Time Horizon Buy Rs. 943 Rs. 1115 12 Months Tata Chemical is one of the oldest company from Tata Group, they are the third largest soda Ash and sixth largest sodium bicarbonate producer in the world, Company has divested all its non-core business and…
NIFTY: NIFTY opened at 17524.40 with a gap up of 45 points. The index recorded its intraday high at 17543.25 within the first few minutes of trading and then started moving down. The gap was filled quickly and prices have moved further on the downside to recording its…
View on market: Stay Cautious, be with quality business: Asian stocks followed their U.S. peers lower as traders weighed the economic threat of virus restrictions against optimism about the efficacy of vaccines. Treasuries gained. Equities slipped in Korea, Australia and Japan. U.S. futures fluctuated after benchmarks ended a…
View on market: Stay Cautious, be with quality business: Asian stocks opened steady Thursday as a global equities rally paused with investors weighing the impact of the new virus variant on the economy. Treasuries were stable after declining. Benchmarks fluctuated in Japan, South Korea and Australia. U.S. contracts…
NIFTY: NIFTY opened at 17315.25 with a gap up of 139 points. The index recorded its intraday low at 17308.95 within the first few minutes of trading and then rallied higher. The rally paused at 10:00 AM and then started a process of consolidation that lasted till the…
Key Highlights: The MPC voted unanimously to keep the policy repo rate unchanged at 4% for the ninth time. Reverse repo rate remains unchanged at 3.35%. The stance remained accommodative, five members voted in favour, while one voted for a change. CRR is maintained at 4% Projection for…